Dear Shareholders,
It is with great pride and a deep sense of responsibility that I present to you the
17th Annual Report of Gala Precision Engineering Limited for the financial year
2024–25 — a landmark year defined by bold progress, strategic expansion and
enduring value creation
The successful completion of our Initial Public Offering (IPO) and subsequent listing
on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) marked a pivotal
moment in our company's journey. With an overwhelming subscription of more than 200 times,
our IPO not only stood among the top five in India's history by oversubscription but also
validated our long-standing track record, robust fundamentals and the shared belief in our
future roadmap
During the year, we achieved strong financial performance — with revenue growing
by 18.97% and profit after tax rising by 23.75%. These results are reflective of the
resilience of our multi-vertical operations and our unwavering commitment to precision,
quality and agility. The commissioning of our Special Fastening Solutions (SFS) plant in
Chennai added significant capacity and brings us closer to our southern and export-focused
customer base — further advancing our Make in India ambitions
Beyond numbers, our purpose continues to be anchored in engineering excellence with
sustainability at its core. We deepened our investments in automation, quality assurance
and digital processes. We also advanced our ESG initiatives, including carbon compliance,
energy conservation and community outreach in education and public health
On behalf of the Board of Directors, I extend my sincere gratitude to each one of you
— our shareholders, employees, customers, channel partners and institutional
stakeholders — for your continued trust and support. Your confidence strengthens our
resolve to lead Gala Precision Engineering into its next chapter of sustainable and
inclusive growth
| Warm regards, |
| Kirit Vishanji Gala |
| Chairman & Managing Director |